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California Code, Insurance Code - INS § 12960

Current as of January 01, 2025 | Updated by Findlaw Staff

The commissioner shall, by February 1, 2023, distribute a bulletin soliciting rate applications from insurers to account for the change to the financial responsibility law in Division 7 (commencing with Section 16000) of the Vehicle Code that will go into operation on January 1, 2025, and require the applications to be submitted by July 1, 2023. A rate change shall only go into effect on or after January 1, 2025, the operative date of the change in the financial responsibility law.

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Cite this article: FindLaw.com - California Code, Insurance Code - INS § 12960 - last updated January 01, 2025 | https://codes.findlaw.com/ca/insurance-code/ins-sect-12960/

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